5010 S Ridgewood Avenue, Port Orange, FL 32127
- $325,000
- 1,542
- SqFt
- Sold Price
- $325,000
- List Price
- $335,000
- Status
- Sold
- Days on Market
- 7
- Closing Date
- Jul 15, 2025
- MLS#
- V4942567
- Property Style
- Triplex
- Year Built
- 1946
- Living Area
- 1,542
- Lot Size
- 10,400
- Acres
- 0.24
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Norwood
- MLS Area Major
- Port Orange/Ponce Inlet/Daytona Beach
Property Description
Don't miss your chance to own this fully rented triplex with exceptional income potential, located just minutes from the Intracoastal Waterway and world-famous beaches. Situated in a highly desirable area of Port Orange, this property is not only zoned for up to 10 units, but it's also already generating a steady monthly income of $3,200 from quality, long-term tenants. This well-maintained investment property includes: A charming 2-bedroom, 1-bath cottage with a new HVAC system. A separate studio unit featuring distinct kitchen and living spaces. A spacious 1-bedroom, 1-bath unit with a generously sized kitchen and living area. New roofs recently installed on both buildings. Whether you're an experienced investor looking to expand your portfolio or seeking a rare multifamily opportunity with future development potential, this property offers both immediate returns and long-term upside. Located in the highly regarded Port Orange school district, this triplex is close to shopping, dining, parks, and all that makes this coastal community so desirable. With zoning in place for expansion and solid rental history, this is a smart addition to any investor's portfolio. Opportunities like this are rare. Schedule your private showing today!
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Additional Information
- Taxes
- $4509
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- 01B4
- Interior Layout
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Concrete, Stucco
- Exterior Features
- Other
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Common, Guest
- Elementary School
- Port Orange Elem
- Middle School
- Silver Sands Middle
- High School
- Spruce Creek High School
- Flood Zone Code
- X
- Parcel ID
- 63-10-12-06-00-5000
- Legal Description
- 10-16-33 LOT 5 & S 2 FT OF LOT 4 EXC RD RWY BLK 6 NORWOOD MB 5 PG 1 MB 15 PG 174 PER OR 4874 PG 0875 PER OR 5621 PG 0232 & OR 5909 PG 3144 PER OR 7573 PG 3477 PER OR 7792 PG 3261 PER OR 8209 PG 0412
Listing courtesy of KELLER WILLIAMS RLTY FL. PARTN. 386-944-2800
Selling Office: STELLAR NON-MEMBER OFFICE.Mortgage Calculator
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